This Jhunjhunwala stock hits 52-week low, oversold on charts; what's next?
Late investor Rakesh Jhunjhunwala's wife Rekha Jhunjhunwala owned 10.63% or 6.67 crore shares of the firm during the quarter ended September 2025.
- Dec 16, 2025,
- Updated Dec 16, 2025 1:25 PM IST
Shares of NCC Ltd hit a fresh 52-week low on Tuiesday amid a correction in the broader market. The fresh signals bear grip on the Jhunjhunwala stock counter.
NCC stock fell to a low of Rs 158.30 on Tuesday against the previous close of Rs 161.75. Market cap of the firm stood at Rs 9967 crore. Total 0.67 lakh shares of the firm changed hands amounting to turnover of Rs 1.07 crore on BSE.
NCC shares have lost 43% in 2025 and fallen 48.58% in a year.
Late investor Rakesh Jhunjhunwala's wife Rekha Jhunjhunwala owned 10.63% or 6.67 crore shares of NCC during the quarter ended September 2025.
Jigar S Patel from Anand Rathi said, "Support will be Rs 153 and resistance will be Rs 168. A decisive move above the Rs 168 level may trigger a further upside of Rs 174. The expected trading range will be between Rs 150 to Rs 174 for the short-term.
Osho Krishan from Angel Broking said, "NCC has witnessed a breakdown from the pivotal support of Rs 175- Rs 172 and has plunged lower. The technical parameters have entered oversold zone, and with the ongoing correction, the near-term outlook seems bleak. On the levels front, the next potential support is placed around the Rs 145-140 subzone. Any decisive surge above Rs 175 could provide some breather to the stock price in the near period."
The infra sector stock is oversold on charts as the relative strength index (RSI) of NCC stands at 21.7.
NCC Limited is engaged in construction/project activities in the infrastructure sector. The company is engaged in the infrastructure sector, primarily in the construction of industrial and commercial buildings, housing projects, roads, bridges and flyovers, water supply and environment projects, mining, power transmission lines, irrigation, and hydrothermal power projects, real estate development.
Shares of NCC Ltd hit a fresh 52-week low on Tuiesday amid a correction in the broader market. The fresh signals bear grip on the Jhunjhunwala stock counter.
NCC stock fell to a low of Rs 158.30 on Tuesday against the previous close of Rs 161.75. Market cap of the firm stood at Rs 9967 crore. Total 0.67 lakh shares of the firm changed hands amounting to turnover of Rs 1.07 crore on BSE.
NCC shares have lost 43% in 2025 and fallen 48.58% in a year.
Late investor Rakesh Jhunjhunwala's wife Rekha Jhunjhunwala owned 10.63% or 6.67 crore shares of NCC during the quarter ended September 2025.
Jigar S Patel from Anand Rathi said, "Support will be Rs 153 and resistance will be Rs 168. A decisive move above the Rs 168 level may trigger a further upside of Rs 174. The expected trading range will be between Rs 150 to Rs 174 for the short-term.
Osho Krishan from Angel Broking said, "NCC has witnessed a breakdown from the pivotal support of Rs 175- Rs 172 and has plunged lower. The technical parameters have entered oversold zone, and with the ongoing correction, the near-term outlook seems bleak. On the levels front, the next potential support is placed around the Rs 145-140 subzone. Any decisive surge above Rs 175 could provide some breather to the stock price in the near period."
The infra sector stock is oversold on charts as the relative strength index (RSI) of NCC stands at 21.7.
NCC Limited is engaged in construction/project activities in the infrastructure sector. The company is engaged in the infrastructure sector, primarily in the construction of industrial and commercial buildings, housing projects, roads, bridges and flyovers, water supply and environment projects, mining, power transmission lines, irrigation, and hydrothermal power projects, real estate development.